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Author Question: Independent random samples taken on two university campuses revealed the following information ... (Read 32 times)

BSITTON

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on: Mar 25, 2023

Independent random samples taken on two university campuses revealed the following information concerning the average amount of money spent on textbooks during the fall semester.

 

 

University A

University B

Sample Size

50

40

Average Purchase

$260

$250

Standard Deviation (σ)

$ 20

$ 23


We want to determine if, on the average, students at University A spent more on textbooks then the students at University B.
 

a.Compute the test statistic.
b.Compute the p-value.
c.What is your conclusion? Let α = .05.

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by BSITTON on Mar 25, 2023

Spike8502

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Reply #1 on: Mar 25, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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BSITTON

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Reply 2 on: Mar 25, 2023
:D TYSM

kusterl

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Reply 3 on: Yesterday
Excellent

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